Sec Form 5 Filing - RUFFLE CHRIS @ CHINA FUND INC - 2011-10-31

FORM 5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person RUFFLE CHRIS 2. Issuer Name and Ticker or Trading Symbol CHINA FUND INC [ CHN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Vice President (Last) (First) (Middle) HEARTLAND(ICC), CITIGROUP TOWER, 16TH FL, NO 33 HUA YUAN SHI QIAO RD, PUDONG DISTR 3. Date of Earliest Transaction (MM/DD/YY) 10/31/2011 (Street) SHANGHAI, F4200120 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price The China Fund, Inc. 29,400 I See Footnote ( 1 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other RUFFLE CHRIS HEARTLAND(ICC), CITIGROUP TOWER , 16TH FL NO 33 HUA YUAN SHI QIAO RD, PUDONG DISTR SHANGHAI, F4200120 Vice President Signatures /s/ Chris Ruffle 07/30/2011 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Chris Ruffle is joint owner of Heartland Capital Management Limited ("HCML"). Martin Currie Ltd have established MC China Ltd ("MCCL") as a joint venture company to provide investment management or investment advisory services to the range of China Investment products managed by Martin Currie Inc. MCCL has appointed Martin Currie Investment Management Ltd ("MCIM"), or its affiliates, as investment manager of Martin Currie Inc's China investment products. HCML has seconded affiliates of MCIM, or its affiliates, on a full-time basis with the same roles and responsibilities as full-time employees, including the duties of portfolio management for The China Fund, Inc. Chris Ruffle is formerly a portfolio manager of The China Fund, Inc.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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